WASHINGTON, August 10, 2021 / PRNewswire / – US Commercial Gaming Revenue Achieved $ 13.6 billion in the second quarter of 2021, marking a new industry record, according to the Commercial Gaming Revenue Tracker of the American Gaming Association (AGA). The total broke the previous record of $ 11.1 billion set in the third quarter of 2019 and tied in the first quarter of 2021 – by more than 22%.
With nearly $ 24.8 billion generated to date, 2021 is close to exceeding the 2020 annual turnover ($ 30 billion) and on the way to overtaking 2019 ($ 43.6 billion) as the highest grossing year on record for commercial gaming revenue.
“These first half results are truly remarkable. This is even more impressive considering that commercial game revenues were at an all-time low just over a year ago, ”said AGA President and CEO. Bill Miller. “This is a testament to our resilience and our commitment to providing customers with safe environments and world-class entertainment experiences. “
At the state level, 22 of the 25 commercial casino states saw their quarterly gaming revenues increase in the second quarter of 2021 compared to the second quarter of 2019. The majority (19 of 25) of the commercial casino states outperformed their first half of the year. from 2019.
While the growth of sports betting and iGaming has supported the gaming industry over the past year, record revenues for physical casinos, up nearly 10% from their previous high in the third quarter. 2019 to $ 11.8 billion dollars – now reinforces the industry’s record recovery. This is the result of the relaxation of capacity and approval restrictions, coupled with continued consumer demand. While three-quarters of commercial casinos started the second quarter with a cap of 50% of capacity or less, almost all commercial casinos had returned to full capacity by the end of June.
Sports betting revenue fell 8% from the previous quarter to $ 889 million due to a calmer sporting calendar. Despite this, the first half of 2021 has already generated more sports betting revenue ($ 1.8 billion) that the whole of 2020 ($ 1.5 billion).
IGaming revenue also had a strong second quarter, reaching a new quarterly revenue record of $ 901 million, up 15% compared to the first quarter of 2021.
“The past 18 months have proven that this industry can persevere through tough times while remaining dedicated to our customers and our communities,” said Miller. “COVID-19 is not yet in the rear view mirror, but I am confident that the record for the first half of 2021 has laid a solid foundation for the full recovery of the industry.”
- 30 states and the District of Colombia presented the operational commercial gaming markets in the second quarter of 2021, including casino games, sports betting and iGaming.
- COVID-related restrictions on casino capacity and amenities vary state and local. AGA’s COVID-19 Casino Tracker provides state-by-state casino capacity restrictions.
- AGA’s Commercial Gaming Revenue Tracker provides a state-by-state and cumulative overview of the financial performance of the US commercial gaming industry based on state revenue reports. This issue highlights second quarter results, ending June 30, 2021.
About the AGM
The American Gaming Association (AGA) is the leading national trade group representing the US $ 261 billion casino industry, which supports 1.8 million jobs nationwide. AGA members include commercial and tribal casino operators, vendors and other entities affiliated with the gaming industry. It is the AGM’s mission to put in place sound, consistent policies and regulations. with the modern appeal of casino games and their vast economic contributions.
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SOURCE American Gaming Association